The bitcoin is back. At least for now. Cryptocurrency suddenly took 12% in a particular stock market context. The cause of this climb? A plenary session in the US Senate, where it was decided that no obstacle will be made to bitcoin. Unlike other countries.
The bitcoin is back. At least for now. Cryptocurrency suddenly took 12% in a particular stock market context. The cause of this climb? A plenary session in the US Senate, where it was decided that no obstacle will be made to bitcoin. Unlike
The stakes are high for bitcoin and other cryptocurrencies. In recent weeks, some have been frightened for their survival. Bitcoin, for example, plunged up to $ 6,000 while at its peak last December, the digital token was worth another $ 20,000.
The fault is the hardening of the legislation of several key countries such as China and South Korea, just like France, which wants to take measures to regulate cryptocurrency. So when the US Senate looks into the issue, any bitcoin holder is on alert.
Except that it did not go bad for them. Two watchdogs from the finance came to expose their point of view to the senators. Jay Clayton, the boss of the Securities and Exchange Commission and J. Christopher Giancarlo, the chairman of the Commodity Futures Trading Commission came up with great news. Their most important message: we will not intervene, we will not "hurt" the new market.
Almost automatically, cryptocurrencies have jumped. Bitcoin has even surpassed the $ 7,700 mark and seems to hold. It's a jump of $ 1,700 in one day. In its entirety, the cryptocurrency market has taken $ 40 billion in value.